Nature of income/loss

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Nilay (Querist)
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20 July 2012 hi friends
Future option in share trading are treated as Businesses Income/Loss or Capital Gain/Loss?....

Neha Popat (Expert)
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20 July 2012 It is treated as business income.

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Nilay (Querist)
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20 July 2012 which section
and
speculation/Non speculation Business

Neha Popat (Expert)
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20 July 2012 It is deemed to be non speculative u/s
43(5)(d)Of the Act.

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